stan@hou2f.UUCP (S.GLAZER) (06/23/87)
Can someone out there in netland recommend (hopefully from actual experience) software to be used in manageing investments? I am aware that there are many programs available, but it is not clear from all the advertising hype what they can actually do. One requirement that I have but can not find is a program that can handle fractional shares and fractional cents. With dividend reinvestment programs purchasing fractional shares (to four or more decimal places), at costs in dollars and fractional cents, with the tax basis different than the cost basis (due to the timing of the purchase with respect to the dividend payment date) and with discounts (given by the paying company since they are not using underwriters) and no brokerage fess, it appears that the commonly available programs are lacking. (Talk about a runaway sentence!) Other than this, my requirements are not unusual as long as I have a clear picture of my holdings, their costs, my tax position, and present value. Am I leaving out some obvious features? It (the program) should also be suitable for an IBM or the compatible machines. All comments and advice on this subject would be greatly appreciated. Stan Glazer ...!ihnp4!houxm!hou2f!stan AT&T-Bell Laboratories, Inc., Holmdel, New Jersey
sestrich@alliant.UUCP (Joe Sestrich) (06/30/87)
As I have in the past, I still recommend MECA's Mayanging Your Money and Managing the Market for tracking investments and budgets. These programs are great for straighforward investment/financial tracking and analysis. If you're heavy into technical analysis of prices over time look elsewhere. -- -- Joe Sestrich UUCP: ...!linus!alliant!sestrich Phone: (617) 486-1241 Mail: Alliant Computer Systems, One Monarch Drive, Littleton, MA 01460